question archive 37) How can you discover information about QuickBooks before you decide to update the software? a

37) How can you discover information about QuickBooks before you decide to update the software? a

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37) How can you discover information about QuickBooks before you decide to update the software? a. Re-install QuickBooks. b. Press the F2 key to display the software version, then review any downloaded updates. C. Press the F2 key to display the software version, then restart your computer. d. Check the software license renewal status. 38. What can occur if you don't set a fiscal year closing date? a. The tax returns may need to be amended. b. Accounting data in prior periods can be modified. c. The Audit Trail won't show changes made by users. d. You won't be able to change non-posting transactions. 39. How can you track specific information if QuickBooks doesn't already have a field for it? a. Add a custom field to each individual item or name entry. b. Create a custom field in the appropriate Name or Item list. c. Upgrade to the Enterprise version of QuickBooks. d. Customize columns for the appropriate Name or Item lists. 40. What is a good way for a business to reflect their branding on their invoices and forms? a. Customize name fields. b. Customize templates. C. Customize item fields. d. Download an online template that reflects the appropriate branding. 41. How are accounts organized in the Chart of Accounts by default? a. Numerically by account number b. Chronologically by creation date c. Alphabetically within their account type d. Numerically by account balance 42. Which form of business organization should you choose when creating a company if you are not sure which form applies' a. Sole proprietorship b. Non-profit C . Corporation d Other 43. How can the opening balance of an account be edited once an account is created? a. Using the Account Register b. From Edit Account on the Activities list C. From the Account Information option on the Edit menu d. Using Opening Balances from the Company menu 44. Items that are not purchased, held in stock or tracked as inventory are known as: a. Sales Tax items b. Service items C. Zero-Inventory items d. Non-Inventory Part items

 

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